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Title Speed of Innovation Diffusion in Green Hydrogen Technologies
ID_Doc 30102
Authors Correia, L; Schwabe, O; Almeida, N
Title Speed of Innovation Diffusion in Green Hydrogen Technologies
Year 2022
Published
Abstract In face of increasing pressure regarding climate change and greenhouse gases emissions, various countries and economic regions are setting ambitious action plans for a systematic transition towards a carbon-neutral economy. For example, the European Union aims at achieving this goal by 2050 through actions such as the investment and adoption of hydrogen technologies. Green Hydrogen meaning hydrogen produced from renewable energies - is expected to play an important role towards a sustainable energy transition as an energy carrier with numerous use applications in transportation, industry, heating, and energy storage. Several experts see it as a viable solution to decarbonize different sectors over time. However, this technology is still in its early stages of development at various points of the supply chain. This paper discusses existing Green Hydrogen technologies and focuses on the diffusion of innovations through the extended Green Hydrogen Supply Chain. It uses a dependency model based on available Case Studies and semi-structured interviews to assess how these innovations will diffuse in the current market conditions until market saturation.
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